\begin{tabular}{@{\extracolsep{1pt}}lcccc} 
\\[-1.8ex]\hline 
\hline \\[-1.8ex] 
 & \multicolumn{4}{c}{\shortstack{Dependent variable: Policy\\follows respondent preference}} \\ 
\cline{2-5} 
\\[-1.8ex] & (1) & (2) & (3) & (4)\\ 
\hline \\[-1.8ex] 
 \shortstack[l]{Place in income\\distribution (0-1)} & 0.063$^{***}$ & 0.052$^{***}$ & 0.045$^{***}$ & 0.042$^{***}$ \\ 
  & (0.005) & (0.005) & (0.005) & (0.009) \\ 
  & & & & \\ 
 \shortstack[l]{Correct inflation\\perception} &  & 0.008$^{*}$ & $-$0.018$^{***}$ & $-$0.012 \\ 
  &  & (0.004) & (0.004) & (0.006) \\ 
  & & & & \\ 
 \shortstack[l]{Same forecast\\as bank} &  & 0.018$^{***}$ &  &  \\ 
  &  & (0.004) &  &  \\ 
  & & & & \\ 
 \shortstack[l]{Correct rate\\perception} &  & 0.052$^{***}$ & 0.047$^{***}$ & 0.035$^{***}$ \\ 
  &  & (0.003) & (0.003) & (0.005) \\ 
  & & & & \\ 
 \shortstack[l]{Same forecast +\\correct preference} &  &  & 0.342$^{***}$ & 0.347$^{***}$ \\ 
  &  &  & (0.005) & (0.008) \\ 
  & & & & \\ 
 \shortstack[l]{Understands interest-\\inflation relationship} &  &  &  & $-$0.006 \\ 
  &  &  &  & (0.005) \\ 
  & & & & \\ 
\hline \\[-1.8ex] 
Survey wave FE & Yes & Yes & Yes & Yes \\ 
\hline \\[-1.8ex] 
Observations & 111,878 & 111,878 & 111,878 & 42,060 \\ 
R$^{2}$ & 0.468 & 0.469 & 0.491 & 0.499 \\ 
Adjusted R$^{2}$ & 0.467 & 0.469 & 0.491 & 0.498 \\ 
\hline 
\hline \\[-1.8ex] 
\end{tabular} 
